Bitcoin’s price was rejected this week, showcasing the insufficient bullish momentum in the market. Nevertheless, the asset faces a substantial support range at the $80K mark, which is expected to hold the price in the short term. Technical Analysis By Shayan The Daily Chart Bitcoin has recently experienced a notable rejection after briefly breaking above […]
Will the $80K Support Level Hold BTC After Recent Rejection? Read More »
In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote: “Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.” But he’s noticed a big change over the
5 Signs Bitcoin Is Primed to Pump Again This Year (Opinion) Read More »
Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is
Arizona’s Digital Asset Reserve Bills Move Forward, But Governor’s Veto Threat Looms Read More »
Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior notes maturing in 2030. Investors will have the option to convert the notes into GameStop’s Class A common stock at a later
GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan Read More »
Bitcoin’s (BTC) recent price movements have raised speculations about the possible end of the bull market and the onset of a bear season. Investors are wondering if the leading digital asset is entering a period of continued downturn and sideways movement, but analysts still insist there is hope. The on-chain analyst and bitcoin insights provider
Is Bitcoin Repeating History? A Look at On-Chain Data Trends Read More »
Bitcoin’s latest rally past $88,000 has reignited bullish sentiment across the market, with some traders predicting a surge to $159,000. However, blockchain analytics firm Santiment has issued a cautionary note, suggesting this optimism could backfire. Greed Could Spell Trouble Crypto markets thrive on sentiment, and right now, greed is creeping back in after a period
Bitcoin Bounce in Danger as Market Greed Surges? Santiment Warns Read More »
The start of the business week was quite positive for bitcoin, as its price jumped by several grand from the weekend stagnation and hit a multi-week peak of just under $89,000. However, it faced immediate resistance at that point and was pushed south to under $87,000 as of now. Here are some of the possible
4 Reasons Why Bitcoin’s Rally Was Halted at $89K and Might Not Resume Soon Read More »
After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest
After 17 Days of Outflows, Crypto Products Finally Broke the Streak Read More »
Crypto exchange prices for BTC surmounted months of resistance at $30,000 in Oct. 2023 to support above $60,000 in 2024. Then it hitched its wagon to Trump’s coattails and skyrocketed in Oct. 2024. After that, the world’s premier cryptocurrency hit a historical record high price of $109,000 on Jan. 20, 2025, according to data from
These 7 Big Financial Technology Companies Expect Bitcoin’s Price to Melt Up Read More »
Bitcoin’s (BTC) prolonged downturn over the last two months has raised speculation about the end of the bull cycle and the onset of a bear market. While several market analysts continue to predict the cryptocurrency’s short-term price trajectory, only on-chain data and metrics can paint a clear picture. A weekly report from the market intelligence
Bitcoin’s Bull Cycle Over? This Critical Metric Says It Might Be Read More »
